Retail Business With 2 Locations
RetailFor Sale in ME
Financial & Assets Details
About the Business
The new owner of this profitable business will benefit from the following:
* Established business that has dominated its market area for more than 15 years.
* Steady retail sales through COVID.
* Loyal customer base with repeat business.
* Business was set up to flow easily by the current owner who has an MBA and extensive experience in the retail business industry.
* Employee turnover is low. 2/3 of employees have been with the business for more than 2 years.
* Strong social media following.
* Diverse supplier base of more than 100 companies.
Growth & Expansion
In reaction to COVID, the retail portion of the business is now also online, a huge growth opportunity. Additionally, selling merchandise on social media (Instagram and Facebook) is an avenue the current owner hasn’t pursued fully and designated it as a growth opportunity.
A unique retail business that dominates its market area.
Both locations are central and benefit from high traffic counts.
Support & Training
Very flexible. The current owner wants the business to be a success for the new owner, its employees, and customers; as such, is willing to assist in the training and transition of the business.
Reason for Selling:
The owner is retiring.